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Brick Mixed-Use Building
New
For Sale
$590,000

3021 W Cermak Road, Chicago, IL 60623

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market2

Property Features for 3021 W Cermak Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning MULTI
Directions east/west on Cermak to property, just west of California.
Subdivision CHI - South Lawndale
Standard status Active
APN 16251030030000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6877

Building Details

Year built 1893
Floors in Building 3
Number of units 5
Flooring type Varies
Building materials Brick
Roof type Composition
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Patricia Sandoval
Added: Oct 22 Last Checked: Oct 23 at 2:06AM
MLS# 12775016

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This brick mixed-use building in Chicago has a commercial unit on the main floor and four apartments on the upper floors. Each apartment contains two bedrooms and one bathroom. The property was built in 1893 and is zoned MULTI.

The building occupies a 0.0699-acre lot on West Cermak Road, near local retail, parks, schools, and public transportation.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • Main‑floor commercial unit
  • Brick construction; built in 1893

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Nursing Home Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,786
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A ground-level commercial space is paired with four residential apartments above.
Where is this mixed-use property located?
The property is located at 3021 W Cermak Road Chicago, IL.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; Main‑floor commercial unit; Brick construction; built in 1893
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